Today, Jason discusses various topics, including his impressions of Medellin, Colombia, and observations about expatriates’ perceptions of their new countries. He compares the US to other countries in terms of government interference, ease of doing business, and capital movement. He anticipates higher inflation due to shifting global labor markets and emphasizes the importance of the US as a safe haven for capital. He analyzes homeownership rates among different generations, debunking some misconceptions about millennials and real estate. Jason also touches on tragic events like wildfires in Maui and ongoing conflicts in Europe and Afghanistan. Jason then welcomes Erin Sykes, Chief Economist at Nest Seekers International, as they discuss the current state of the real estate market, focusing on high-end trends and the impact of interest rates. Erin shares insights into wealthy investors’ behavior, the role of hard assets in the market, and the shift in mentality towards long-term real estate investments. Discover how different markets are responding to changes in inventory, mortgage rates, and economic stability. Learn about the resilience of certain cities and what the future might hold for the real estate landscape. Key Takeaways: Jason’s editorial 0:00 Some comments on Medellin, Colombia 3:07 Comparing governments with regards to business 5:50 The American hegemony 7:40 Nixon and the emerging inflation threat 10:19 Inflation induced debt destruction 11:05 The US consumer debt 13:28 Millennial vs. Gen X home ownership rates 18:47 Maui locals worry wildfires could worsen affordable housing shortages 21:59 Geopolitical news in Sweden and Afghanistan Erin Sykes interview 24:18 Jason welcomes Erin Sykes 25:18 What wealthy clients are saying right now 27:04 T.I.N.A – Is real estate the ‘safe harbor’ 29:26 Crypto and purchase cancellations 30:35 Businesses of the ultra-rich 32:44 Financing vs. leverage, date the rate- marry the house 36:15 FED raising rates one more time 38:37 Don’t bet against New York City 41:39 A forecast on the real estate market 45:33 Mass migration and remote work Mentioned: Listen to Jason’s old episodes https://creatingwealthpodcast.libsyn.com/ https://PeterSweden.com/ https://www.NestSeekers.com/ ___________________________________________________ Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class: Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com ... https://www.youtube.com/watch?v=Uiac6hNvbeo